Drivers in Missouri are required by law to carry insurance when registering a car. However, recent data shows that as many as 14% of drivers don’t have any form of insurance.
Now, imagine that you get hit by a driver and end up in the hospital with multiple injuries and a long list of medical bills to pay. The at-fault driver is not insured, but you have an uninsured motorist policy to cover for these expenses. This type of insurance kicks in when the defendant isn’t covered, providing financial relief to the driver and the passengers. It’s a lifesaver, honestly. However, despite all the benefits, a lot of drivers in Missouri still think it’s a waste of money.
In this article, we will debunk some of the most common myths about uninsured motorist coverage.
Myth 1: I Can Always Sue the Driver
Think about this for a second: most probably, the driver doesn’t have insurance because he can not afford to pay for it. And, while he is financially responsible for paying you compensation, they may not have the money or assets to cover the cost of your medical bills. That’s what uninsured motorist coverage is for.
Myth 2: I Have Health Insurance and That Is Enough
Health insurance can pay for your medical bills to some extent. Uninsured motorist coverage, on the other hand, covers the costs up to the limit and without any deductibles. Moreover, it also provides financial relief for lost wages.
Myth 3: The Insurance Will Only Protect Me If I Am in My Car
Far from the truth. Uninsured motorist coverage will likely apply even if you are riding in your friend’s car and got hurt in an accident with an uninsured driver. This policy will protect you even if you are hit as a pedestrian.
Myth 4: It Won’t Happen to Me
We hear about car crashes daily but neverending optimism leads many to believe that this won’t happen to them. But, keep in mind that over 14% of drivers in Missouri don’t carry any or have insufficient insurance, so the chances of getting in an accident with one are not as slim as you may imagine.
Speak With a St. Louis Car Accident Lawyer
If you have been involved in a car accident with an uninsured driver, give us a call 24/7 for a FREE consultation. We can also help you if you’ve got hit by a driver who was uninsured or underinsured. These cases can get complex, but we have years of experience under our belt and can help ensure your legal rights are protected. Give us a call today at (314) 361-4242.